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Connected Networks of interest.
Jobs n Career Success- eNews
September 18, 2023: After a difficult 12 months, the current labor market presents a promising landscape for job seekers in general. With a national unemployment rate of just 3.4% in January 2023, akin to pre-pandemic levels, individuals may be inspired to explore relocation for better prospects.
If you hear of jobs in any industry, any region, please share them in our LinkedIn Jobs and Career Success network, helping laid off recruiters and any career professionals find their next great job.
High Profile Layoffs Impacted Several Sectors
Here’s a table summarizing the industries with 15.4 million the greatest layoffs ending in 2022 and leading into the first half of this year:
|Industry||Layoffs (in millions)|
|Professional and Business Services||2.12|
|Trade, Transportation, and Utilities||1.46|
|Leisure and Hospitality||1.05|
These industries were most significantly impacted by high-profile layoffs in 2022.
What does Post Layoff Labor Recovery Look Like
Professional Recruiting and Business Services
Professional and Business Services sector has displayed a resilient recovery. Bureau of Labor Statistics (BLS) found robust resurgence with a projected growth rate of 7.3% over the 2021-2031 decade.
The Jobseekers Market has had an impact on the Global Recruiters Workforce. While Jobs are up, many more recruiters are reporting layoffs in our LinkedIn Global Recruiters Community. Pay it forward by helping others who have been laid off via Recruiters Connected Community Caring.
Trade, Transportation, and Utilities Services
Trade, Transportation, and Utilities Services sector has seen fluctuating layoffs by the COVID-19 pandemic as well as ongoing supply chain challenges. These market disruptions can impede this sector’s recovery and restoration process. Recovery in the Trade, Transportation and Utilities sector, will occur in enterprises that have demonstrated resilience and adaptability in overcoming such challenges.
Leisure and Hospitality Market
Leisure and Hospitality Market sector is most impacted by COVID-19 appears to be on a positive recovery trend, should the recent COVID variants stay contained. The labor market according to an Axios study finds recovery is reaching a pre-pandemic normalcy.
Top Hiring Companies
Who is Hiring in My Area?
Member Requests for Knowledge.
- Canada Best – Forbes
- CA Companies– Glassdoor
- CO Companies– Zippia
- IL Companies– Zippia
- NY Companies – Glassdoor
- OH Companies– Zippia
- India – Great Place to Work
- Pakistan – Glassdoor
- UAE- Dubai – Forbes
- UK – Great Place to Work
Jobs n Career Success Tips
Member Requests for Knowledge.
(1) How can I overcome Age Discrimination in my job search?
- 10 Ways: Age-Proof a Resume- Medium
- Age Discrimination Tips -RobinRyan
- Combat Job Search Ageism– FlexJobs
- Interview Age Issues– TopInterview
- Summarized Resume– RobinRyan
(2) My employer is planning layoffs, how can we prepare in the event we are laid off?
- 7 Ways: Prepare for Layoff- Investopedia
- Recover layoff w/ community- Mashable
- Help a Friend Find a Job
- How to detect planned layoffs- CNBC
- WARN Act– USA Department of Labor
(3) What are some strategies I can leverage to improve my career prospects?
- Awareness: Ghost-Job fraud surge +22%
- Google Tools for Jobs careertoolbelt.com
- How To Write an Open To Work Post
- Quiet Hiring’s Part-Time Workforce
(4) How do I negotiate a Work from Home position?
- Flexible Work Arrangement-INC
- Flexwork Guidelines- Harvard
- Legitimate Work-at-Home Jobs – Indeed
- Top 50 Companies Hiring Flex-work
Jobs n Career Success- eNews Market Reports
Statistics on the current state of the Career Professionals in the Market, according a study from Zippia found the following:
- 40% of Americans have been laid off or terminated from a job at least once.
- 48% of Americans have layoff anxiety.
- 28% of Americans have been laid off in the past two years alone.
- 2023’s 100 Best USA Jobs
- Best Diversity Employers 2023 (forbes.com)
- Cybersecurity Jobs 7X Growth
- Remote work thrives in the biggest and fastest-growing parts of the U.S. (axios.com
Best Locations for Tech Jobs n Career Success- eNews
Please note that these cities represent some of the major hubs within each country, and opportunities may also be available in other cities or regions. Additionally, salary ranges are approximate and can vary based on factors such as experience, job role, and location within each city.
|Country||Cities with Greatest Opportunities||Salary Range||Notes|
|Australia||Sydney, Melbourne||A$ 84,110 – A$ 110,000||Growing tech sector with competitive IT salaries. Monthly expenses and rent higher than in the UK.|
|Brazil||Sao Paulo||R$ 149,736||Significant developments in IT. IT specialists earn considerably more than the average wage in Brazil. Lower cost of living compared to the U.S.|
|Canada||Toronto, Vancouver||CA$ 56,987 – CA$ 125,445||Competitive IT job opportunities, especially in AI and fintech. Salaries vary by experience level.|
|China (Mainland)||Beijing, Shanghai||150,000¥ – 300,000¥||Vibrant IT sector with numerous opportunities. Salaries vary by city and cost of living.|
|France||Paris||€33,000 – €105,800||High-paying job opportunities in IT. Salaries for Information Technology Executives can almost double the average wage.|
|Germany||Berlin||€60,820||Attractive opportunities in software development and innovation-focused roles. Salaries above €60,000 considered excellent.|
|Japan||Tokyo||8 million¥||Lucrative IT market, though average salaries are lower than some other countries. Lower cost of living compared to the UK and Europe.|
|Saudi Arabia||Riyadh||240,048 SAR||Actively investing in developing its IT sector. Salaries higher than in some Asian countries, with lower living costs.|
|Singapore||Singapore||S$ 120,000 – S$ 130,254||Major tech hub in Southeast Asia, offering competitive salaries in various IT fields. High cost of living, especially in terms of rent.|
|Switzerland||Zurich||CHF 107,000||Competitive salaries, particularly in finance-related roles and emerging fields like cryptography. High cost of living, especially in cities like Zurich.|
|United Kingdom||London, Manchester||£47,231.90 – £86,825||Attractive salaries in finance technology, software development, and data science. Salaries vary by region, job title, and experience level.|
|United States||Austin, Boulder, Boston, Chicago, Dallas, Detroit, Huntsville, Los Angeles, New York, Raleigh, San Francisco, San Jose, Seattle,||$69,413 – $174,181||High-paying IT professions, particularly in Silicon Valley. Salaries vary by state and job title.|